The end of 2008 is drawing to a close and it has been a trying year for many businesses and consumers. Rising living costs and inflation rates has caused spending to be cut severely in the leisure and retail sectors forcing many businesses into restructure and administration. However, Leeds based e-commerce company - Shopcreator have recognised the need for a solution to allow small to medium sized retailers ride out the storm of the credit crunch with free shopping cart platform – 'Transact'
E-commerce is the way forward
Despite the retail sector being hit hard, ecommerce solutions are still proving to keep many retailers afloat as the UK enter what is forecast to be a deep and prolonged recession. A recent survey by Nielsen Online has revealed that the number of people shopping on the internet has increased from 10% to 85% in two years with the UK having the second highest percentage of online shoppers globally. There are various reasons for the growth in online spending. Consumers often find high street products cheaper on the internet due to the seller's reduced overhead costs. Many sites offer customer comments pages allowing people to review previous customers experience with price comparison shopping sites becoming increasingly popular and big business in the UK.
Convenience of course plays a major factor in online shopping. As people's lives become more fragmented and cluttered, the internet has become a crucial tool to co-ordinate and manage peoples' lives whether it's shopping for clothes, online banking or booking next year's summer holiday. Many business's offer free delivery on products with the major supermarkets capitalising on online stores for those that don't have their own transport or simply don't have the time to grocery shop.
Risk assessment and cost
In the current economic climate, investing money into your retail business could be detrimental to its survival throughout the next two years. Risks need to be calculated and costs need to be kept to an absolute minimum which makes any plans of online expansion difficult, right?
Wrong! There are hundreds of ecommerce solutions available on the market, however there are not hundreds of cost effective e-commerce solutions for small start up business's who have a limited cash flow. Transact has been designed on a 'pay as you sell' pricing model allowing small to medium sized retail businesses to create their own online website saving time, money and reducing financial risk to the business completely free of charge. There are no subscription fees or support charges, each retailer simply pays a small commission on each item sold.
Raise your profile
Launching an online shop for your business does not just open an additional distribution channel for your products but raises your brand identity on a national and global scale. The potential reach with the internet and popular search engines such as Google becomes unlimited. Shopcreator's Transact platform has been specially designed with a choice of search engine friendly templates to choose from in order to maximise your online visibility. In addition, e-commerce platforms prove to be successful viral marketing tools, recent survey results show that the average internet shopper tells twelve people whether it be co-workers, family or friends of their recent online purchases which will increase with the number of people getting online.
What you get for free
Start up retailers can benefit from a platform like Transact by using features such as product search, newsletter sign up, un-limited information pages, a choice of search engine friendly web templates and a variety of online support to help small retailers set up business online including an interactive forum and blog. PayPal is used as their sole payment service provider as it's one of the most widely used payment methods with over 15 million UK accounts and over 153 million worldwide. Customers don't require a PayPal account to perform a transaction and it allows for all major credit cards, debit cards and bank transfer payments to be made quickly and most importantly - securely.
Transact provides the perfect solution for small or new start up retailers to expand their distribution channels, increase sales and survive effects of the credit crunch and the forthcoming recession.
For further information about Transact or Shopcreator's other ecommerce platforms, visit www.shopcreator.com or contact Alex Stephens for further information.
About Shopcreator:
Selfserve acquired Shopcreator in November, 2007. Since 1998, Shopcreator have been delivering award winning e-commerce software to the retail and mail order sectors, spanning clients that range from those who are new to ecommerce, to the UK's leading high street retailers. Selfserve is a limited company and is headquartered in Leeds, UK.